Insights into the Industry
The towel industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of towel ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the towel market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards towel 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the towel industry and impacting its growth. Our report divides the towel market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global towel market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Towel Market research report which is segmented by Products (Premium Towels, Mid-market Towels, Low-market Towels), by Applications (Washing, Pillow, Bath, Cover, Sofa), by Key Players/Companies Springs Global, LVMH, Noman Group, EverShine, SUNVIM, WestPoint Home, Alok Industrie, Grace, Avanti Linens, PVH, Sanli, Canasin, 1888 Mills, Kingshore, Trident Group, Uchino, QiQi Textile, Loftex, Venus Group, Welspun”. In 2020, the global towel market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Towel Market Research Report |
| By Products | Premium Towels, Mid-market Towels, Low-market Towels |
| By Applications | Washing, Pillow, Bath, Cover, Sofa |
| By Key Players | Springs Global, LVMH, Noman Group, EverShine, SUNVIM, WestPoint Home, Alok Industrie, Grace, Avanti Linens, PVH, Sanli, Canasin, 1888 Mills, Kingshore, Trident Group, Uchino, QiQi Textile, Loftex, Venus Group, Welspun |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 126 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global towel industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, towel industry study report has included all major manufacturers and distributors operating in the towel market across all major regions.
Towel Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating towel market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Towel Market Key Trends Analysis
The key factors influencing the growth of the towel market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Towel Market Key Segment Analysis
The report delivers a critical assessment on the towel market by segmenting it based on Products, Applications, and region. All the segments and categories of the towel market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global towel market is segmented into Premium Towels, Mid-market Towels, Low-market Towels. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Washing, Pillow, Bath, Cover, Sofa. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the towel market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Towel Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global towel market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the towel market.
Some of the leading players profiled in the global towel market are,
- Springs Global
- LVMH
- Noman Group
- EverShine
- SUNVIM
- WestPoint Home
- Alok Industrie
- Grace
- Avanti Linens
- PVH
- Sanli
- Canasin
- 1888 Mills
- Kingshore
- Trident Group
- Uchino
- QiQi Textile
- Loftex
- Venus Group
- Welspun
The Key Audiences for Towel Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the towel market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global towel market are as follows:
Global Towel Market: By Products
- Premium Towels
- Mid-market Towels
- Low-market Towels
Global Towel Market: By Applications
- Washing
- Pillow
- Bath
- Cover
- Sofa
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major towel . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Towel market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Springs Global
- LVMH
- Noman Group
- EverShine
- SUNVIM
- WestPoint Home
- Alok Industrie
- Grace
- Avanti Linens
- PVH
- Sanli
- Canasin
- 1888 Mills
- Kingshore
- Trident Group
- Uchino
- QiQi Textile
- Loftex
- Venus Group
- Welspun
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Towel Market Share by Type (2020-2026) 1.5.2 Premium Towels 1.5.3 Mid-market Towels 1.5.4 Low-market Towels 1.6 Market by Application 1.6.1 Global Towel Market Share by Application (2020-2026) 1.6.2 Washing 1.6.3 Pillow 1.6.4 Bath 1.6.5 Cover 1.6.6 Sofa 1.7 Towel Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Towel Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Towel Market 3.1 Value Chain Status 3.2 Towel Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Towel 3.2.3 Labor Cost of Towel 3.2.3.1 Labor Cost of Towel Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Springs Global 4.1.1 Springs Global Basic Information 4.1.2 Towel Product Profiles, Application and Specification 4.1.3 Springs Global Towel Market Performance (2015-2020) 4.1.4 Springs Global Business Overview 4.2 LVMH 4.2.1 LVMH Basic Information 4.2.2 Towel Product Profiles, Application and Specification 4.2.3 LVMH Towel Market Performance (2015-2020) 4.2.4 LVMH Business Overview 4.3 Noman Group 4.3.1 Noman Group Basic Information 4.3.2 Towel Product Profiles, Application and Specification 4.3.3 Noman Group Towel Market Performance (2015-2020) 4.3.4 Noman Group Business Overview 4.4 EverShine 4.4.1 EverShine Basic Information 4.4.2 Towel Product Profiles, Application and Specification 4.4.3 EverShine Towel Market Performance (2015-2020) 4.4.4 EverShine Business Overview 4.5 SUNVIM 4.5.1 SUNVIM Basic Information 4.5.2 Towel Product Profiles, Application and Specification 4.5.3 SUNVIM Towel Market Performance (2015-2020) 4.5.4 SUNVIM Business Overview 4.6 WestPoint Home 4.6.1 WestPoint Home Basic Information 4.6.2 Towel Product Profiles, Application and Specification 4.6.3 WestPoint Home Towel Market Performance (2015-2020) 4.6.4 WestPoint Home Business Overview 4.7 Alok Industrie 4.7.1 Alok Industrie Basic Information 4.7.2 Towel Product Profiles, Application and Specification 4.7.3 Alok Industrie Towel Market Performance (2015-2020) 4.7.4 Alok Industrie Business Overview 4.8 Grace 4.8.1 Grace Basic Information 4.8.2 Towel Product Profiles, Application and Specification 4.8.3 Grace Towel Market Performance (2015-2020) 4.8.4 Grace Business Overview 4.9 Avanti Linens 4.9.1 Avanti Linens Basic Information 4.9.2 Towel Product Profiles, Application and Specification 4.9.3 Avanti Linens Towel Market Performance (2015-2020) 4.9.4 Avanti Linens Business Overview 4.10 PVH 4.10.1 PVH Basic Information 4.10.2 Towel Product Profiles, Application and Specification 4.10.3 PVH Towel Market Performance (2015-2020) 4.10.4 PVH Business Overview 4.11 Sanli 4.11.1 Sanli Basic Information 4.11.2 Towel Product Profiles, Application and Specification 4.11.3 Sanli Towel Market Performance (2015-2020) 4.11.4 Sanli Business Overview 4.12 Canasin 4.12.1 Canasin Basic Information 4.12.2 Towel Product Profiles, Application and Specification 4.12.3 Canasin Towel Market Performance (2015-2020) 4.12.4 Canasin Business Overview 4.13 1888 Mills 4.13.1 1888 Mills Basic Information 4.13.2 Towel Product Profiles, Application and Specification 4.13.3 1888 Mills Towel Market Performance (2015-2020) 4.13.4 1888 Mills Business Overview 4.14 Kingshore 4.14.1 Kingshore Basic Information 4.14.2 Towel Product Profiles, Application and Specification 4.14.3 Kingshore Towel Market Performance (2015-2020) 4.14.4 Kingshore Business Overview 4.15 Trident Group 4.15.1 Trident Group Basic Information 4.15.2 Towel Product Profiles, Application and Specification 4.15.3 Trident Group Towel Market Performance (2015-2020) 4.15.4 Trident Group Business Overview 4.16 Uchino 4.16.1 Uchino Basic Information 4.16.2 Towel Product Profiles, Application and Specification 4.16.3 Uchino Towel Market Performance (2015-2020) 4.16.4 Uchino Business Overview 4.17 QiQi Textile 4.17.1 QiQi Textile Basic Information 4.17.2 Towel Product Profiles, Application and Specification 4.17.3 QiQi Textile Towel Market Performance (2015-2020) 4.17.4 QiQi Textile Business Overview 4.18 Loftex 4.18.1 Loftex Basic Information 4.18.2 Towel Product Profiles, Application and Specification 4.18.3 Loftex Towel Market Performance (2015-2020) 4.18.4 Loftex Business Overview 4.19 Venus Group 4.19.1 Venus Group Basic Information 4.19.2 Towel Product Profiles, Application and Specification 4.19.3 Venus Group Towel Market Performance (2015-2020) 4.19.4 Venus Group Business Overview 4.20 Welspun 4.20.1 Welspun Basic Information 4.20.2 Towel Product Profiles, Application and Specification 4.20.3 Welspun Towel Market Performance (2015-2020) 4.20.4 Welspun Business Overview 5 Global Towel Market Analysis by Regions 5.1 Global Towel Sales, Revenue and Market Share by Regions 5.1.1 Global Towel Sales by Regions (2015-2020) 5.1.2 Global Towel Revenue by Regions (2015-2020) 5.2 North America Towel Sales and Growth Rate (2015-2020) 5.3 Europe Towel Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Towel Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Towel Sales and Growth Rate (2015-2020) 5.6 South America Towel Sales and Growth Rate (2015-2020) 6 North America Towel Market Analysis by Countries 6.1 North America Towel Sales, Revenue and Market Share by Countries 6.1.1 North America Towel Sales by Countries (2015-2020) 6.1.2 North America Towel Revenue by Countries (2015-2020) 6.1.3 North America Towel Market Under COVID-19 6.2 United States Towel Sales and Growth Rate (2015-2020) 6.2.1 United States Towel Market Under COVID-19 6.3 Canada Towel Sales and Growth Rate (2015-2020) 6.4 Mexico Towel Sales and Growth Rate (2015-2020) 7 Europe Towel Market Analysis by Countries 7.1 Europe Towel Sales, Revenue and Market Share by Countries 7.1.1 Europe Towel Sales by Countries (2015-2020) 7.1.2 Europe Towel Revenue by Countries (2015-2020) 7.1.3 Europe Towel Market Under COVID-19 7.2 Germany Towel Sales and Growth Rate (2015-2020) 7.2.1 Germany Towel Market Under COVID-19 7.3 UK Towel Sales and Growth Rate (2015-2020) 7.3.1 UK Towel Market Under COVID-19 7.4 France Towel Sales and Growth Rate (2015-2020) 7.4.1 France Towel Market Under COVID-19 7.5 Italy Towel Sales and Growth Rate (2015-2020) 7.5.1 Italy Towel Market Under COVID-19 7.6 Spain Towel Sales and Growth Rate (2015-2020) 7.6.1 Spain Towel Market Under COVID-19 7.7 Russia Towel Sales and Growth Rate (2015-2020) 7.7.1 Russia Towel Market Under COVID-19 8 Asia-Pacific Towel Market Analysis by Countries 8.1 Asia-Pacific Towel Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Towel Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Towel Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Towel Market Under COVID-19 8.2 China Towel Sales and Growth Rate (2015-2020) 8.2.1 China Towel Market Under COVID-19 8.3 Japan Towel Sales and Growth Rate (2015-2020) 8.3.1 Japan Towel Market Under COVID-19 8.4 South Korea Towel Sales and Growth Rate (2015-2020) 8.4.1 South Korea Towel Market Under COVID-19 8.5 Australia Towel Sales and Growth Rate (2015-2020) 8.6 India Towel Sales and Growth Rate (2015-2020) 8.6.1 India Towel Market Under COVID-19 8.7 Southeast Asia Towel Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Towel Market Under COVID-19 9 Middle East and Africa Towel Market Analysis by Countries 9.1 Middle East and Africa Towel Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Towel Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Towel Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Towel Market Under COVID-19 9.2 Saudi Arabia Towel Sales and Growth Rate (2015-2020) 9.3 UAE Towel Sales and Growth Rate (2015-2020) 9.4 Egypt Towel Sales and Growth Rate (2015-2020) 9.5 Nigeria Towel Sales and Growth Rate (2015-2020) 9.6 South Africa Towel Sales and Growth Rate (2015-2020) 10 South America Towel Market Analysis by Countries 10.1 South America Towel Sales, Revenue and Market Share by Countries 10.1.1 South America Towel Sales by Countries (2015-2020) 10.1.2 South America Towel Revenue by Countries (2015-2020) 10.1.3 South America Towel Market Under COVID-19 10.2 Brazil Towel Sales and Growth Rate (2015-2020) 10.2.1 Brazil Towel Market Under COVID-19 10.3 Argentina Towel Sales and Growth Rate (2015-2020) 10.4 Columbia Towel Sales and Growth Rate (2015-2020) 10.5 Chile Towel Sales and Growth Rate (2015-2020) 11 Global Towel Market Segment by Types 11.1 Global Towel Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Towel Sales and Market Share by Types (2015-2020) 11.1.2 Global Towel Revenue and Market Share by Types (2015-2020) 11.2 Premium Towels Sales and Price (2015-2020) 11.3 Mid-market Towels Sales and Price (2015-2020) 11.4 Low-market Towels Sales and Price (2015-2020) 12 Global Towel Market Segment by Applications 12.1 Global Towel Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Towel Sales and Market Share by Applications (2015-2020) 12.1.2 Global Towel Revenue and Market Share by Applications (2015-2020) 12.2 Washing Sales, Revenue and Growth Rate (2015-2020) 12.3 Pillow Sales, Revenue and Growth Rate (2015-2020) 12.4 Bath Sales, Revenue and Growth Rate (2015-2020) 12.5 Cover Sales, Revenue and Growth Rate (2015-2020) 12.6 Sofa Sales, Revenue and Growth Rate (2015-2020) 13 Towel Market Forecast by Regions (2020-2026) 13.1 Global Towel Sales, Revenue and Growth Rate (2020-2026) 13.2 Towel Market Forecast by Regions (2020-2026) 13.2.1 North America Towel Market Forecast (2020-2026) 13.2.2 Europe Towel Market Forecast (2020-2026) 13.2.3 Asia-Pacific Towel Market Forecast (2020-2026) 13.2.4 Middle East and Africa Towel Market Forecast (2020-2026) 13.2.5 South America Towel Market Forecast (2020-2026) 13.3 Towel Market Forecast by Types (2020-2026) 13.4 Towel Market Forecast by Applications (2020-2026) 13.5 Towel Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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